Discover how the Dow Jones Industrial Average, first published in 1896, was created as a way to inform investors of the overall health of the stock market.

U.S. stocks were higher after the close on Friday, as gains in the Financials, Industrials and Consumer Services sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.

Despite a bearish start to the trading week, the Dow Jones continues to trade north of the 50-day Exponential Moving Average (EMA) near 41,220. The major equity index has bounced off of the 50-day EMA several times in recent months as a bullish uptrend holds steady.

The S&P 500 and Dow Jones Industrial Average both hit record closing highs, rising 0.7% and 1%, respectively, while the Nasdaq Composite gained 0.6%. Major indexes have rebounded from a steep selloff